Broadcom has been working to arrange more than $50 billion in financing for a custom AI chip tailored for OpenAI, according to the Wall Street Journal1,2. Apollo, Blackstone, and Goldman Sachs are among lenders in talks to finance megadeals worth tens of billions of dollars apiece. Oracle is separately in talks on financing for a large chip purchase. Bloomberg separately reported that Broadcom holds early talks about a financing deal for OpenAI chips3.
Broadcom works to arrange $50B-plus financing for OpenAI custom chip
Broadcom is working to arrange more than $50 billion in financing for a custom AI chip for OpenAI, with Apollo, Blackstone, and Goldman Sachs among…